Question

What does an R-Squared value show?

Answer 1

How well a regression fits the points

Explanation:

With a `R^2` value close to 1, we the regression would fit the points perfectly:

![https://useruploads.socratic.org/Fh8dyLATA6oWvKNjN37L_r_squared_1_regression.jpg)

Since the `R^2` isn't 1 the points won't fit the line perfectly even though the `R^2` value is so high.
Since the `R^2` is so high the graph would be accepted. Typically the lower limit is approximately `R^2 = 95` for a good graph.